All Posts Tagged With: "Too big to fail"

Editorial: Does the Breakup of British Banks – Royal Bank of Scotland Group (LON:RBS) and Lloyds Banking Group (LON:LLOY) – Miss the Point?

Some have been heralding the breakup of British banks Royal Bank of Scotland Group (LON:RBS) and Lloyds Banking Group (LON:LLOY) as a road-map to deal with the alleged issue of “too big to fail,” in relationship to huge banks in general, and large American banks in particular. The story centers around the British government forcing [...]

The Financial Insanity of Government, Banking, and Moral Hazard

While the mainstream press falls all over itself to continue the mantra of the banks and other huge businesses having to been bailed out by the government, the reality is we’ve been placed in a much worse position now than before the crisis, in what is called moral hazard. Moral hazard, in the case of [...]